This CLE webinar will provide finance and lending counsel with an examination of current and potential uses of blockchain in banking and FinTech. The panel will discuss the advantages of distributed ledger technology (DLT) in cost-efficiency, cybersecurity and fraud protection, as well as the legal and structural concerns in implementation.

Description

DLT or blockchain is widely considered to be a disruptive force in the banking and financial services industries. Operating on a decentralized, peer-to-peer networked database, transactions are verified, monitored and enforced without a third-party intermediary, reducing costs and providing real-time information to network participants.

The best known use of blockchain is bitcoin, but banks and FinTech companies are using DLT platforms for other purposes, including account records, trading and financial transactions, KYC protocols, and loan and payment processing.

DLT is inherently more secure and less susceptible to fraud than centralized platforms, but there are challenges to implementing DLT. Counsel will need an understanding of the technology as well as the legal ramifications of blockchain, including concerns with privacy, integration into existing systems, regulatory uncertainty and scalability.

Listen as our authoritative panel discusses the potential applications of blockchain technology, and its advantages over centralized platforms with regard to authentication, data security and cost efficiency. The panel will also discuss the legal and logistical issues to consider in implementing DLT.

Mr. Obie concentrates his practice advising multinational corporations and individuals on U.S. securities and commodities law compliance. He represents clients in enforcement investigations before the SEC, CFTC, and Financial Regulatory Authority. He currently represents Overstock.com and its financial technology subsidiary t0.com concerning their use of blockchain technology to trade securities, and also acts as strategic advisor to t0.com as it pioneers the blockchain technology space. He led the team that obtained the first ever effective registration statement that contemplates a public offering utilizing blockchain technology.

Mr. Daiuto, Jr., is an accomplished attorney and business leader with over two decades of experience in the securities...
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Mr. Daiuto, Jr., is an accomplished attorney and business leader with over two decades of experience in the securities industry, establishing and managing several broker-dealers and innovative technology companies and overseeing their daily operation, including legal, compliance, and regulatory matters. He is currently the Chief Operating Officer and General Counsel of t0.com, Inc. (“tZERO”), a fintech subsidiary of Overstock.com, itself a publicly-traded company. t0, is a world pioneer of Blockchain based technology. He is also the General Counsel of SpeedRoute, LLC and PRO Securities, LLC, both t0 subsidiary broker-dealers registered with FINRA & SIPC.

Mr. Maroz has over 15 years of experience designing and developing financial technology solutions. Dzmitry has actively...
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Mr. Maroz has over 15 years of experience designing and developing financial technology solutions. Dzmitry has actively participated in the development of the loan market’s FpML standard and is a Deloitte Advisory Blockchain Fellow.

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$297

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